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Marathon Petroleum (MPC) Advances While Market Declines: Some Information for Investors
Zacks via Yahoo Finance· 2 hours agoThis move outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow gained 0.77%, while the...
Analysis-Global gasoline refining margins slump on slow summer driving season
Reuters via Yahoo Finance· 4 days agoOil refiners are making less money selling their gasoline as demand during the peak summer driving...
Citgo parent's share auction should be halted, Venezuelan minister says
Reuters· 6 days agoVenezuela's oil minister, Pedro Tellechea, said on Friday a U.S. federal court auctioning shares of...
China’s Oil Refiners Are Slowing Down After Decades of Growth
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- China’s decades-long boom in oil processing could falter this year in a blow to...
Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say
Reuters· 7 days agoSingapore is offering refiners and petrochemical companies rebates of up to 76% for its planned...
Vitol Is Said Among Bidders for Venezuela-Owned Citgo’s Parent
Bloomberg via Yahoo News· 2 days ago(Bloomberg) -- Vitol Group, the world’s biggest independent oil trader, is among suitors that...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 6 days agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
Sunoco LP (NYSE:SUN) Stock Position Boosted by EP Wealth Advisors LLC
ETF DAILY NEWS· 2 days agoEP Wealth Advisors LLC boosted its stake in Sunoco LP (NYSE:SUN – Free Report) by 44.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
P66 CEO Sees No Cut in U.S. Refining Runs, Despite Tepid Gasoline Demand
Market Watch· 2 days agoPublished: June 18, 2024 at 3:21 p.m. ETShareResizePhillips 66 CEO Mark Lashier told a JP Morgan conference on Tuesday that U.S. gasoline demand has not "hit its normal driving season stride ...
Refining Margins Squeezed as Tepid Demand Casts Shadow Over U.S. Gasoline Market
Oilprice.com via Yahoo Finance· 3 days agoU.S. gasoline demand falls short of expectations, leading to rising stocks and depressed refining margins, while the potential for a busy hurricane season could further disrupt production.